PIA sacks German CEO on account of corruption charges
A notification issued on Friday informed that Pakistan International Airlines (PIA) has sacked its acting Chief Executive Officer (CEO) Bernd Hildenbrand, media...
IMF warns of growing risks to improving global recovery
The global economic recovery is improving and picking up steam, but still faces a series of threats that could erode the improvements,...
Two Pakistani entrepreneurs make it to Forbes’ 2017 ‘30 Under 30 Asia’list
The Forbes’ 2017 ‘30 Under 30 Asia’ has featured two Pakistani startup founders in its recent listing for the year 2017. In...
Preparations for Hannover Messe 2017 nearing completion
Engineering Development Board (EDB), Ministry of Industries and Production have informed that the preparations for the upcoming Hannover Messe-2017 Germany scheduled to...
Gray market has become a necessary evil for luxury watchmakers
A diamond-studded Rolex at 40 percent off the $34,000 retail price or an Omega Speedmaster Moonphase for less than $10,000? While still...
Sales of Ivanka Trump products soar in 2016
NEW YORK: Sales of Ivanka Trump´s clothing collection soared by nearly 61 pc in 2016, the company that manufactures products for the...
Samsung anticipates record high profits in Q1 2017
Samsung is anticipating strong operating profits of $8.7b in the first three quarters of 2017, after the release of its upcoming Galaxy...
‘Silk Road’ train makes its first journey from Britain to China
The first-ever freight train from Britain to China started its mammoth journey on Monday along a modern-day “Silk Road” trade route as...
China’s Xiaohong likely to replace Liepach as ADB country director to Pak
The Asian Development Bank (ADB) has nominated China’s Xiaohong Yang as the country director to Pakistan, media sources have reported. The step...
Iranian airline signs $3bn deal for 30 Boeing jets
US plane maker Boeing said Tuesday that Iran’s Aseman Airlines had agreed to buy 30 737 MAX jets for $3b in its...
China launches seven FTZs to boost Belt and Road Initiative
China on Saturday launched seven more Free Trade Zones (FTZs) including several in inland areas for the first time, a move which...
China manufacturing grows modestly in March: Caixin
BEIJING: China's manufacturing activity expanded slightly in March, independent figures showed Saturday, suggesting steady but slowing growth in the world's second-largest economy.
The...
Middle East’s leather trade show to be held in Dubai
The world's leading manufacturers and suppliers are preparing for the Middle East's only dedicated trade show covering the entire value chain of...
Amazon closes deal to acquire Souq.com & Payfort
One of the largest global retailers Amazon has confirmed that it has acquired Souq.com- Middle East’s largest e-commerce chain. The price of...
ICSID accepts Pakistan’s evidence in Reko Diq mining contract, claims AG
Attorney General of Pakistan, Ashtar Ausaf has claimed that the International Centre for Settlement of Investment Disputes (ICSID) has accepted Pakistan’s evidence...